Treasury Secretary Janet Yellen said that the government has the ability to provide additional backstops to uninsured deposits if the banking crisis worsens. In remarks prepared for a speech to the American Bankers Association, the former Federal Reserv...
the American Bankers Association, the former Federal Reserve chair said that the government would intervene to safeguard the stability of the U.S.
banking system in the event that bank runs spread to other institutions. Yellen’s comments were part of a prepared speech to the American Bankers Association and came in the wake of recent bank failures caused by liquidity problems.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Treasury Secretary Janet Yellen says bank situation is ‘stabilizing’ and system is ‘sound’Treasury Secretary Janet Yellen is trying to project calm after regional bank failures, saying the U.S. banking system is “sound.”
Leer más »
Signature Bank taken over by Michigan-based Flagstar Bank after failureTreasury Secretary Janet Yellen has said the banking system 'remains sound' despite the recent bank failures.
Leer más »
Treasury Secretary Yellen says the government could backstop more deposits if necessary to stop contagionTreasury Sec. Yellen is defending the government’s intervention in the financial system and suggesting it could provide further guarantees of deposits if the banking crisis worsens. kaylatausche reports.
Leer más »
Treasury Secretary Yellen expresses confidence in banking industryIn an address to banking leaders on Tuesday, Treasury Secretary Janet Yellen said the U.S. was prepared for future banking rescues.
Leer más »
White House says talks in the works for Secretaries Yellen, Raimondo to visit China, discuss economic issuesA potential visit by Treasury Secretary Janet Yellen and Commerce Secretary Gina Raimondo is in the works, National Security Council Spokesman John Kirby revealed Monday.
Leer más »
Janet Yellen is selling bank crisis short as execs fear dozens more teeter on brinkThe ill-fated Silicon Valley, Signature banks, and today’s latest headache, First Republic, are the festering sores that signal an even greater degree of banking rot.
Leer más »